You're probably familiar with Blackboard, the education software company that develops things like learning/course management systems, communications and collaboration platforms, and other programs supporting the infrastructure of learning in both higher education and K-12. They've been very successful: take a step outside the convention center in Washington D.C. and you'll see what I mean, by running into their gleaming headquarters.
This week is a big one for Bb. First, there was the announcement that the company, which went public in 2004, has decided to go private, and was bought out by equity firm Providence Equity Partners for a whopping $1.64 billion.
Then while I was at ISTE, I got the lowdown on two new releases that were subsequently announced just yesterday. Blackboard Collaborate, a videoconferencing platform designed for education that takes advantage of the company's purchase of Elluminate and Wimba about a year ago, will enable online learning, student collaboration with other students or teachers outside of school, guest speakers from anywhere in the world, and any other use educators can imagine for on-demand videoconferencing, presentations and chat.
Also, Blackboard Connect 5, which takes advantage of the company's other purchase of notification platform AlertNow about a year ago, enables administrators or teachers to send emergency messages, attendance alerts, regular community announcements and the like across all kinds of platforms like email, text and voice calls. And all using a streamlined user interface in the same way Collaborate does, removing the "overkill" features common to the platforms used in corporate environments. The big players get bigger!
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